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ACCT 3120 T-Accounts

Authored by J Nope

Business

KG

Used 13+ times

ACCT 3120 T-Accounts
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88 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Equipment has a normal ____ balance and is ___, ___.

Debit, +,-

Debit, -,+

Credit, +,-

Credit, -,+

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Accounts Payable has a ____ normal balance and is ___, ___.

Debit, +,-

Debit, -,+

Credit, +,-

Credit, -,+

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Salaries Expense has a ____ normal balance and is ___, ___.

Debit, +,-

Debit, -,+

Credit, +,-

Credit, -,+

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Common Stock has a ____ normal balance and is ___, ___.

Debit, +,-

Debit, -,+

Credit, +,-

Credit, -,+

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Land has a ____ normal balance and is ___, ___.

Debit, +,-

Debit, -,+

Credit, +,-

Credit, -,+

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Notes Payable has a ____ normal balance and is ___, ___.

Debit, +,-

Debit, -,+

Credit, +,-

Credit, -,+

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Service Revenue has a ____ normal balance and is ___, ___.

Debit, +,-

Debit, -,+

Credit, +,-

Credit, -,+

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